GUINEA‐BISSAU: Economic Update.

B Structural reforms are needed over the medium term to support economic recovery and strengthen resilience. b Strengthening governance, investing in human capital with a focus on education, and improving the business climate are key pillars for Guinea-Bissau to break out of the fragility cycle towards sustainable and inclusive growth and make progress on gender equality. It is important that Guinea-Bissau implement structural reforms over the medium term to support economic recovery and improve human capital and gender equality indicators, strengthening the country's resilience", said Anne-Lucie Lefebvre, World Bank Resident Representative in Guinea-Bissau. However, the authorities are committed to fiscal consolidation to ensure medium-term sustainability, and despite the weak performance of the 2022 cashew campaign, the 2023 campaign is expected to be strong and support real economic growth at 4.5%. [Extracted from the article]